like the new droid razr m by motorola only $99.99. >>> five years ago today, the dow hit record highs. today investors are discouraged by the international monetary fund. the dow is down 95. the nasdaq is down 43. s&p down 11. >>> it is 8:43. developing news from pennsylvania this morning, jerry sandusky has been sentenced to at least thirst years in prison -- 30 years in prison for his child abuse conviction. david lee miller is live to explain how sandusky remained defiant until the end and what is next. >> reporter: good morning. interestingly, as you point out, the judge acknowledged that for life sentence, he could have received in excess of 400 years, the judge sort of viewed that as fra few tis -- gratuitous. sandusky spoke for about 15 minutes after that. he was thin, gaunt, no longer wearing the sport co and necktie. he said i didn't do the alleged disgusting acts. he talked about the fact that he spent his 42nd wedding anniversary in the county jail and we are in what is describe as the fourth quarter and we ally continue to fight -- we'll continue to fight. he told the cour